CEO Elon Musk introduced Tesla's new robotaxi, the Cybercab, emphasizing its AI capabilities and lack of steering wheels, but availability won't be until 2026.
The anticipated Cybercab, set to cost under $30,000, signifies Tesla's confidence in its Full Self-Driving technology evolving from supervised to unsupervised mode.
Seth Goldstein suggested that Tesla must first succeed with unsupervised Full Self-Driving in its existing vehicles before launching the robotaxi.
Tesla's stock fell 9% following the robotaxi unveiling, reflecting investor anxiety as competitors like Waymo and GM's Cruise advance their autonomous technologies.
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